Your Normal Retirement Date (NRD) is the 1st day of the month following your 65th birthday or your 65th birthday if it’s the 1st day of the month.
If you wish to commence your pension at your Normal Retirement Date, payable on an unreduced basis, you must have retired from active employment (i.e. terminated your employment). You are no longer allowed to contribute to any registered pension plan after the end of the year you reach age 71, regardless of whether you are still working. You must also receive your pension benefit from the Plan no later than the end of the year in which your 71st birthday occurs.
The Pension Plan administrator collects personal information about you on behalf of the Teamsters and Toronto & Vicinity Ready-Mix Producers' Pension Plan and their service providers.
Your beneficiary is the person who you want to receive your pension death benefit. Under pension legislation: If you have a spouse, your spouse is automatically your pension beneficiary unless...
